Management Ch 2 part 2 Fayol's Theroy of management

What are Fayol's 14 principles of Management?

1. Division of work: Concept of specialization of work 2. Authority: Formal (positional) authority versus personal authority. 3. Discipline: Based on obedience and respect. 4. Unity of command: each employee should receive orders from only one superior. 5. Unity of direction: One boss, one plan for a group, of activities having the same objective. 6. Subordination of individual interests to the general interest: abolishing individual interests over groop interests. 7. Remuneration: the mode of payment of wages was dependent on many factors. 8. Centralization: the degree of centralization desired depended on the situation and formal communication channels. 9. Scalar chain (line of authority): shows thw routing line of authority and formal communication channels. 10. Order: ensured a place for everything. 11. Equity: resulted from kindness and justice 12. Stability of tenured personnel: called for orderly personnel planning 13. Initiative: called for individual zeal and energy in all efforts 14. Esprit de corps: stressed the building of harmony and unity within the organization

What was the period of solidification?

A period in the 1920s and 1930s in which management became recognized as a discipline.

Fayol was the first to outline the functions of management. What are they?

Planning, organizing, commanding, coordinating, and controlling

Who was Henry Fayol?

The first to issue a complete statement on a theory of general management consisting of 14 principles.

When did Fayol's principles become popular in the United States?

The late 1940's

If Taylor stressed the management of operative work, what did Fayol emphasize?

The management of organization.